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Coinbase reported better-than-expected revenue in its first-quarter earnings report on Thursday. Transaction revenue has historically been a primary driver of revenue, with subscription and services revenue bringing in $511 million for the quarter. The stock tends to benefit from big gains in bitcoin as large rallies in the cryptocurrency lead to increased trading volumes and demand for other services. During the first quarter, bitcoin hit a new all-time high above $73,000 in March, and ethereum, the second-biggest digital asset, underwent its first major upgrade in over a year. "Indeed, trading volumes on Coinbase's platform have come well down from early-March levels."
Persons: Coinbase, bitcoin, Raymond James analysts, Raymond James Organizations: SEC, Coinbase Locations: U.S, bitcoin, Crypto.com
Taylor Swift attends the 66th GRAMMY Awards at Crypto.com Arena on February 04, 2024 in Los Angeles, California. Universal Music Group , the record label for top music artists including Taylor Swift, struck a new licensing agreement with TikTok, putting an end to a spat between the two companies. In a statement Thursday, UMG said the licensing deal would lead to the return of its artists' music to TikTok. Music by artists including Swift and Drake became unavailable on TikTok, which is owned by Chinese internet giant ByteDance. At the heart of the spat was the contention that TikTok allowed its platform to undermine artists' intellectual property with unauthorized AI-generated songs.
Persons: Taylor Swift, UMG, TikTok, Swift, Drake Organizations: Crypto.com Arena, Universal Music Group, TikTok, Poets Department, CNBC, UMG Locations: Los Angeles , California
"It resonates with both millennials and Gen Zers, which I think indicates that Gen Z is feeling the same 'girl-boss' pressures that millennials famously grew up with," said Casey Lewis, a social media trend forecaster. "I'm a millennial and I grew up like I needed to maximize every minute of the day," Lewis said. And yet, even in cases where women are now breadwinners, the division of labor at home has barely budged, the Pew report found. "But we also live in an environment of layoffs and rising costs, so not being productive isn't really an option," she added. Even though you're not reading the news, you're still seeing how the economy is impacting peers.
Persons: Taylor Swift, “ Midnights, Kevin Mazur, Gen Zers, millennials, Casey Lewis, Eve Rodsky, Taylor, Lewis, That's, Heather Boneparth, Gen Organizations: Crypto.com Arena, Poets Department, Pew Research Center, U.S . Bureau of Labor Statistics Locations: Los Angeles
Stiff person syndrome (SPS) is a rare neurological condition that is characterized by muscle rigidity and spasms, heightened sensitivity to stimuli such as sound and lights, and emotional distress that can cause muscle spasms, according to the National Institute of Neurological Disorders and Stroke. Is this my fault?’”Celine Dion attends the 66th GRAMMY Awards at Crypto.com Arena on February 04, 2024 in Los Angeles, California. It’s morally hard to live from day to day. It’s hard, I’m working very hard and tomorrow will be even harder. It’s the determination.”An upcoming documentary titled “I Am: Celine Dion” is set to stream on Prime Video later this year.
Persons: Celine Dion, , Dion, Emma McIntyre, , I’ve, What’s, ” Dion, , Celine Dion ” Organizations: CNN, Vogue France, National Institute of Neurological Disorders, Crypto.com Arena, Eiffel Locations: Canadian, Los Angeles , California
Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. The National Basketball Association's exclusive media rights negotiating window with current partners Disney and Warner Bros. While no agreement is expected to be announced by the deadline, Disney and Warner Bros. Warner Bros. Discovery's TBS began airing NBA games in 1984, and TNT has shown NBA games since 1988.
Persons: LeBron James Organizations: Los Angeles Lakers, NBA, Los Angeles Clippers, Crypto.com Arena, Disney, Warner Bros, Apple, YouTube, Comcast, Netflix, CNBC, Discovery, TBS, TNT, ESPN, ABC, Fox Locations: Los Angeles
For decades the effort to revitalize downtown Los Angeles has been tied to arts projects, from the construction of the midcentury modern Music Center in 1964 to the addition of Frank Gehry’s soaring stainless steel Walt Disney Concert Hall in 2003. But the pandemic was tough on downtowns and cultural institutions around the country, and Los Angeles has been no exception. Its downtown office vacancy rates climbed above 25 percent. Homelessness and crime remain concerns. Many arts organizations have yet to recover their prepandemic audiences.
Persons: Frank Organizations: Center, Walt Disney Concert Hall Locations: Los Angeles
Bitcoin is set to top $80,000 on strong ETF inflows, Binance CEO Richard Teng said. After hitting a record high of $73,679 early last week, bitcoin tumbled back below $70,000. The boss of the world's biggest crypto exchange, Richard Teng, said he now sees the crypto poised to jump past $80,000 after initially predicting it would end the year around that level. Related storiesHe acknowledged that volatility would still shake the world's biggest crypto and that the uptrend won't be a "straight line." AdvertisementBitcoin soared to its record high of $73,679 last week.
Persons: Richard Teng, bitcoin, , We're, Teng, Kris Marszalek Organizations: Service, Bloomberg, CNBC Locations: Bangkok
The narrative on bitcoin is still bullish, though commentators see more volatility ahead. Bernstein analysts wrote this week that the rally firms up their view that bitcoin is on track to hit $150,000 by mid-2025. Here's what some of the market's top commentators have said about the outlook for the world's most popular cryptocurrency. Related stories"We built bitcoin institutional flows in our estimates to arrive at bitcoin price. Saylor said that following the bitcoin halving in April, dwindling supplies would continue to fuel demand, propelling the price momentum even higher, saying "the natural sellers are the miners."
Persons: Bitcoin, Bernstein, , Kris Marszalek, Gautam Chhugani, Mahika Sapra, Michael Novogratz, Jamie Dimon, He's, Michael Saylor, Saylor Organizations: Service, CNBC, Galaxy, Galaxy Digital, Wednesday, JPMorgan JPMorgan, Australian Financial
While some music critics praised Knowles' country tracks, other fans of the genre refrained from a warm welcome. Beyond just radio, Black artists and artists of color represented less than 4% of country songs played on the radio, airplay, charting songs, artists signed to major labels and award nominations, according to SongData. One such fan, Tenley Patterson, 26, said she didn't bother listening to country music before Beyoncé's releases, but was impressed with the country tracks. Rachel Whitney, head of editorial for the Nashville team, said playlists outside of the country genre are playing Knowles' country tracks, broadening its reach. The Beyoncé draw is also boosting exposure for other artists on some lists, like Lainey Wilson and Cody Johnson, who have more "traditional" country songs, Whitney said.
Persons: Beyonce, James Devaney, Cowboy Carter, Beyoncé Knowles, Tanner Adell, Mickey Guyton, Reyna Roberts, Knowles, Alice Randall, Randall, , Rhiannon Giddens, hasn't, Jocelyn Neal, Maren Morris, Luke Combs, Kacey, Lil Nas, Nas X, Tim Mosenfelder, Neal, Knowles —, Taylor Swift, Beyoncé, George Bush, Tenley Patterson, I've, Patterson, It's, there's, Z, Rachel Whitney, Lainey Wilson, Cody Johnson, Whitney, Kevin Mazur Organizations: Scott, New York, Spotify, The New York Times, Radio, University of North, NBC, Houston, CMA, Republican, Nashville, Crypto.com Arena, The Recording Academy Locations: Brooklyn, New, New York City, U.S, Texas, an Oklahoma, University of North Carolina, San Francisco , California, Iraq, Los Angeles , California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin is an asset you want to hold for decades, not days or weeks: Crypto.com CEO Kris MarszalekCrypto.com CEO Kris Marszalek joins 'Squawk Box' to discuss the latest bitcoin rally, what it means for the crypto sector at large, and more.
Persons: Kris Marszalek
Data from Coin Metrics shows bitcoin was trading above $72,000 late Thursday night before fall to about $67,000 on Friday, a decline of roughly 7%. Bitcoin is still up about 57% year to date, and the overnight drop came from near record highs. The cryptocurrency has climbed over the past few months, in part due to anticipation and then demand from the new bitcoin ETFs that launched in the U.S. in January. Rapid rallies and steep drops have been a recurring feature of bitcoin's history. Crypto optimists say that the volatility of the asset class should decline as bitcoin matures.
Persons: Bitcoin, Kris Marszalek, bitcoin, Crypto Organizations: Coin Metrics, Rapid Locations: U.S
Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. LeBron James surpassed 40,000 career points during Saturday night's home game between his Los Angeles Lakers and the Denver Nuggets, further solidifying his place in the NBA record books. A layup in the second quarter had James reach 40,000 points, and another layup ensured he surpassed the mark. "No one has ever done it," he said of scoring 40,000 career points at the postgame news conference on Thursday. On Christmas night, a 3-pointer against the Phoenix Suns pushed him past 10,000 career NBA points.
Persons: LeBron James, James, LakersNation.com, He's, Vince Carter, Bryce, Laker Kareem Abdul, Abdul, isn't, Kevin Durant, Luka Dončić, Oklahoma City Thunder's Shai Gilgeous, Alexander, Milwaukee Bucks Giannis Antetokounmpo, Donovan Mitchell Jr, Durant, I'm Organizations: Los Angeles Lakers, NBA, Los Angeles Clippers, Crypto.com Arena, Denver Nuggets, Lakers, Nuggets, basked, state's Cleveland Cavaliers, Miami Heat, Toronto Raptors, University of Southern, Sierra Canyon School, Oklahoma Thunder, Thursday's Lakers, Washington Wizards, Phoenix Suns, Dallas Mavericks, Oklahoma City, Milwaukee Bucks, Cleveland Cavaliers, Wizards Locations: Los Angeles, University of Southern California, Slovenian
CNN —Los Angeles Lakers superstar LeBron James has become the first player in NBA history to score 40,000 career points, accomplishing the milestone on Saturday during the team’s home game against the Denver Nuggets. The 39-year-old has been in uncharted territory since surpassing Kareem Abdul-Jabbar’s 38,387 points to become the NBA’s all-time leading scorer last season. The four-time NBA champion entered the night nine points shy of the 40,000 mark. LeBron James #23 of the Los Angeles Lakers scores his 40,000th career point during the game against the Denver Nuggets. Earlier this season, James helped lead the Lakers to the inaugural NBA In-Season Tournament championship title, while earning tournament MVP honors.
Persons: LeBron James, James, Kareem Abdul, ” James, Adam Pantozzi Organizations: CNN, Los Angeles Lakers, Denver Nuggets, Crypto.com, Lakers, Washington Wizards, NBA, Star
A Chinese firm started to build a massive tower plaza in Los Angeles but ran out of funds in 2019. The Oceanwide Plaza towers are now mainly used by graffiti artists and base jumpers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The nearly $4 million sum is just the beginning of a massive financial undertaking in the city, Fortune reported City Councilman Kevin de León said in recent council meetings.
Persons: , Kevin de León, Fortune, De León, Mario Tama, Karen Bass, Donald Spivack Organizations: LA's, Service, Angeles City Council, China Oceanwide Holdings, LA Lakers, Getty, Business, Financial, Redevelopment Agency Locations: Los Angeles, Fortune, China, Hong Kong, LA's, Angeles
LOS ANGELES (AP) — City crews on Friday took an initial step toward securing an unfinished complex of downtown Los Angeles high-rise towers that have been vandalized with graffiti and used for dangerous social media stunts after the developer ran out of money. Workers began removing scaffolding protecting a temporary walkway that officials say said has helped helped trespassers enter the property. “They were able to hide inside the walkway area and tunnel their way in by tearing holes in the fence,” police Sgt. “We don't want that to happen here.”Photos You Should See View All 33 ImagesThe towers were going to house a hotel and luxury condominiums, but the project stalled in 2019 when the Beijing-based developer ran out of money, the Los Angeles Times reported. City Councilmember Kevin de León, who represents the area, has said a developer is needed to complete construction.
Persons: trespassers, Gordon Helper, , Kevin de León Organizations: ANGELES, , Workers, Los Angeles Times, Los Angeles Convention Center Locations: Los Angeles, Beijing, City
Companies spend billions on marketing every year, but the question remains whether these campaigns translate into profits. San Francisco-based startup Alembic is employing big data techniques developed for contact tracing during the pandemic to answer those questions. The company today announced a $14 million Series A that included Jeffery Katzenberg, NFL-star-turned-VC Joe Montana, and Braze co-founder Mark Ghermezian. But recent advances in AI and big data technology, he says, have made it possible to track the impact of marketing spend on a granular level, in real time. Puig says the company currently has about a dozen customers, including trillion-dollar chipmaker Nvidia, which is using the technology to guide its marketing efforts.
Persons: Crypto.com, Dunkin, Ben Affleck, Jennifer Lopez, Jeffery Katzenberg, Joe Montana, Braze, Mark Ghermezian, Katzenberg, Tomas Puig, epidemiologists, Puig, Jensen Huang, it's Organizations: Mastercard, PGA, Business, Walt Disney Studios, DreamWorks, Nvidia Locations: Los Angeles, San Francisco, Covid
The service will launch this fall and cater to sports fans who don't subscribe to the traditional cable bundle. One person associated with the launch of the new venture told CNBC the platform will be "a monster" and massively disrupt cable TV. Cable TV has been relegated to an add-on that helps keep people subscribing to high-speed internet. The cable bundle has largely survived because it still contains exclusive live news and sports. Previously, the only way for cord cutters to get ESPN outside the cable bundle would have been that coming service.
Persons: LeBron James, Jevone Moore, it's, Lachlan Murdoch, NBC's Peacock, Bob Iger, Rich Greenfield, Max, David Zaslav's, There's, David Zaslav, Lightshed's Rich Greenfield Organizations: Los Angeles Lakers, NBA, Los Angeles Clippers, Crypto.com Arena, Warner Bros . Discovery, Fox, Disney's ESPN, Comcast, DirecTV, CNBC, YouTube, Charter, Cable, Verizon, Mobile, Satellite, Google, Hulu, Live, Disney, Warner Bros, NBC, CBS, National Football League, Paramount, ESPN, Fox News, CNN, MSNBC, Wall Street, Financial Times, TNT, TBS, HGTV, Discovery, Paramount Global Locations: Los Angeles
LOS ANGELES (AP) — Killer Mike says an “over-zealous” security guard contributed to the physical altercation that led to his arrest after the rapper and activist won three awards at the Grammys. Photos You Should See View All 45 ImagesIn his statement, Mike thanked the Grammys for recognizing his work. He won best rap album for “Michael.”Before Sunday, Mike’s last Grammy came in 2003 when he won for “The Whole World” for best rap performance by a duo or group. Atlanta, it’s a sweep!”As a member of Run the Jewels, Mike, along with producer El-P, pumped out four critically acclaimed albums. The Grammy-winner hosted Netflix’s “Trigger Warning with Killer Mike,” a 2019 documentary series about issues that affect the Black community.
Persons: Mike, ” Mike, , , Michael, , ” Mike’s, Andre, Eryn Allen Kane, “ Michael, Mike’s, El, Sen, Bernie Sanders ’, Netflix’s Organizations: ANGELES, Crypto.com, Police, “ Scientists & Engineers Locations: Los Angeles, Atlanta, it’s
Music's biggest stars were honored at the 2024 Grammys Sunday. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt's music's biggest night, and everyone from country kings to pop stars are gathered at the Crypto.com arena for the 2024 Grammys. Keep reading to see who won the major categories, and see the complete list of nominees and winners here.
Persons: Billie Eilish, Miley Cyrus, Boygenius, Jack Antonoff, Organizations: Service
The 2024 Grammys were on Sunday, and all-black was a major trend. There were also all-black outfits from stars like Lenny Kravitz, Will.i.am, and Lana Del Rey. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Here are 14 celebrities rocking the all-black look at the 2024 Grammys.
Persons: Miley Cyrus, Lenny Kravitz, Will.i.am, Lana Del Rey, , Trevor Noah, Billie Eilish, Billy Joel, Joni Mitchell Organizations: Service Locations: Los Angeles
Best red carpet looks at the 2024 Grammys
  + stars: | 2024-02-05 | by ( Christy Choi | ) edition.cnn.com   time to read: +2 min
While we’ve seen floral and black gowns take center stage on this year’s red carpets, the Grammys are known for showcasing bolder, more theatrical fashion. And who could forget Kim Petras and Sam Smith’s bold red ensembles which matched those of their entourage. Jordan Strauss/Invision/APThankGod4Cody Kayla Oaddams/WireImage/Getty ImagesVictoria Monét looked statuesque in a structured copper mermaid dress by Versace and a Bulgari Serpenti necklace. “I feel a bit (of) Joan of Arc energy in it,” she said during the official red carpet pre-show. The singer completed the look with Tiffany & Co jewelry, including a stunning necklace featuring rubellites, diamonds and an orange sapphire.
Persons: Taylor Swift, , Gaurav Gupta, Kim Petras, Sam Smith’s, Caroline Polachek Matt Winkelmeyer, Calvin Harris Jordan Strauss, Jessica Betts, Niecy Nash Jordan Strauss, Kat Graham Matt Winkelmeyer, Miley Cyrus Frazer Harrison, Landon Barker Stewart Cook, Kayla Oaddams, Lauren Daigle Gilbert Flores, Billie Eilish Francis Specker, CBS Entertainment Paty Cantu Jordan Strauss, Paris Jackson Matt Winkelmeyer, Danity Kane, Dawn Richard, Gilbert Flores, Noah Kahan Jordan Strauss, Phoebe Bridgers, Lucy Dacus, Julien Baker of, Thom Browne, Jordan Strauss, Monét, Versace, Neilson Barnard, Jacob Collier Frazer Harrison, Joan of, Tiffany, Kevin Mazur Organizations: CNN, Getty, CBS, CBS Entertainment, Dua Locations: Los Angeles, Dua Lipa
Céline Dion presented Taylor Swift with the award for album of the year at the Grammys on Sunday. AdvertisementMusic's biggest night concluded with a surprise appearance from Céline Dion and a historic win for Taylor Swift. Did Taylor Swift disrespect or snub Celine Dion? Was she clearly distracted by someone behind her at the exact moment Celine Dion handed her the award? Céline Dion, Taylor Swift, and René-Charles Angélil at the 66th Grammy Awards.
Persons: Céline Dion, Taylor Swift, Swift, Dion, , Trevor Noah, Celine Dion, Kevin Mazur, The Recording Academy Dion, Claudette Dion, René, Charles Angélil, Christopher Polk, Jack Antonoff, Lana Del Rey, Laura Sisk, Swift's, doesn't, @Knesix, Taylor, CELINE DION, @blackboywrites, Celine, @veganmoviesnob, — Beverley Smith, — adam, @adamjmoussa, celine, — Kathleen Newman, @HuffleBoy, — Alex Goldschmidt, @alexandergold, The Recording Academy Swift Organizations: Sunday, Service, The Recording Academy, Billboard, Getty, Poet's Department Locations: Los Angeles, Japan, Tokyo
LOS ANGELES (AP) — It's almost time for the Grammy Awards, the daylong celebration of music that on Sunday also marks the start of an epic week for Taylor Swift. Here's what you need to know about the 66th annual Grammy Awards, including how to watch or stream the show live and see stars' arrivals on the red carpet. Paramount+ users with the Showtime add-on can stream the Grammy Awards live. They can also be watched through live TV streaming services that include CBS in their lineup, like Hulu+ Live TV, YouTube TV and FuboTV. ___For more coverage of this year’s Grammy Awards, visit https://apnews.com/hub/grammy-awards
Persons: — It's, Taylor Swift, Swift, SZA, Barbie, , Victoria Monét, Phoebe Bridgers, Bridgers ’, Olivia Rodrigo, Miley Cyrus, Billie Eilish, Brandy Clark, Jon Batiste, Jack Antonoff, Gracie Abrams, Fred, Roll, Coco Jones, Noah Kahan, Barbie ”, Who's, Joni Mitchell, Billy Joel, Burna Boy, Luke Combs, Travis Scott, She's, Travis Kelce Organizations: ANGELES, YouTube, CBS, Paramount, Showtime, Hulu, , Associated Press, Kansas City Chiefs, San Francisco 49ers, Super Locations: Los Angeles, Dua Lipa, Tokyo, Las Vegas
LOS ANGELES (AP) — The 66th Grammy Awards will take place Sunday at the Crypto.com Arena in Los Angeles. “That’s the same throughout the show, really — it’s dominated by women,” Grammys executive producer Ben Winston told The Associated Press. THE NOMINEESSZA is the lead contender with nine nominations, followed closely by Victoria Monét and Phoebe Bridgers with seven. If Victoria Monét 's “Hollywood” wins best traditional R&B performance, her 2-year-old daughter Hazel will become the youngest Grammy winner. The list includes: SZA, a first ever Grammys performance from Joni Mitchell, and five-time Grammy winner and 23-time nominee Billy Joel.
Persons: , Ben Winston, we’re, , Raj Kapoor, Trevor Noah, Laverne Cox, Heather McMahan, SZA, Victoria Monét, Phoebe Bridgers, Bridgers, boygenius, Taylor Swift, Olivia Rodrigo, Miley Cyrus, Billie Eilish, Brandy Clark, Batiste, Jack Antonoff, “ Barbie ”, hasn't, Lauryn Hill ”, Janelle Monae, she’d, Lana Del Rey, Hollywood ”, Hazel, Karol G, Babyface, Joni Mitchell, Billy Joel, Burna, Luke Combs, Travis Scott, ___ Organizations: ANGELES, Associated Press, CBS, Paramount, Showtime, YouTube, Twitter, Hollywood, , WHO Locations: Los Angeles, urbana, Será Bonito, Dua Lipa
Travis Kelce has confirmed he won't be joining Taylor Swift at the Grammy Awards. AdvertisementTravis Kelce will not be attending the 2024 Grammy Awards this Sunday with Taylor Swift, as the Kansas City Chiefs tight end's mind is firmly focused on the Super Bowl. AdvertisementTravis Kelce and Taylor Swift seen celebrating the Chiefs' AFC Championship win. A Chiefs win will mark the team's third win in five years. Taylor Swift attending an NFL game repping Travis Kelce's jersey number.
Persons: Travis Kelce, Taylor Swift, Pat McAfee, I've, Swift, , Taylor, she's, Kelce, we've, Patrick Smith, repping Travis, Ed Zurga Organizations: NFL, Service, Kansas City Chiefs, Super, Chiefs, AFC Championship, San Francisco 49ers, Baltimore Ravens Locations: Los Angeles, Las Vegas, Tokyo, Japan, Nevada
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